U.S. Office Market Statistics | 24Q3

U.S. Office Market Statistics | 24Q3

Limited new construction resulted in a lower quarterly increase in vacancy. The Q3 national rate was up 10 basis points from last quarter to 17.7%. CBD vs. Suburban Vacancy Office Under Construction 50.3 Million Square Feet Construction pricing and uncertainty in...
U.S. economy poised for somewhat slower growth, leading indicators signal

Retail sales show there is no quit in the U.S. consumer

VOLUME 221: WEEK ENDING OCTOBER 19, 2024 The 0.4% rise in headline retail sales for September was driven by a strong increase in underlying control group sales, putting real consumption on track for 3.2% annualized growth in Q3. By sector, gasoline station sales fell...
U.S. economy poised for somewhat slower growth, leading indicators signal

CPI wasn’t what the Fed wanted but won’t deter rate cuts

VOLUME 220: WEEK ENDING OCTOBER 12, 2024 The larger-than-expected increase in the September Consumer Price Index (CPI) does not signal a renewed surge in inflation, nor will it prevent the Federal Reserve from proceeding with a 25 basis point rate cut at its November...